Merger Media Coverage

As SoCal Real Estate recently reported, commercial real estate firms Madison Marquette and PMRG, which has a divisional office in Irvine, California, are in discussions to merge operations. Closing is anticipated by June 24. We spoke with Rick Kirk, chairman and CEO of PMRG, about what this merger might do for his firm’s Orange County office and other business trends in the market. [Read more.]

Two multibillion-dollar real estate companies are preparing to close a major merger, announced last week, that will create a $7B powerhouse with hundreds of properties around the country. Madison Marquette and PMRG's executives, in interviews with Bisnow, shed light on how the deal came together and what to expect going forward. [Read more.]

The two companies, both part of Capital Guidance, reportedly have complementary geographic areas of operation, and each has been involved in high-profile projects in recent years.

MAY 29, 2018 | SCOTT BALTIC

Madison Marquette, a privately held CRE investment and operating company, and PMRG, a privately held firm specializing in project leasing, property management, investment management and development services, are in discussions to merge their operations. Closing is anticipated in June.

Both companies are under the umbrella of Capital Guidance, which was founded more than 50 years ago by a small group of families with roots in the Middle East. Besides CRE, Capital Guidance has interests in financial services, specialty chemicals and luxury home products, among other sectors. [Read more.]

Texas-based PMRG, a privately held commercial real estate firm specializing in property management, project leasing investment management and development services, and Washington, D.C.-based Madison Marquette, a privately held commercial real estate investment and operating company, are in talks to merge. Closing is expected in the next 30 days. [Read more.]

HOUSTON AND WASHINGTON, D.C. — Retail developer Madison Marquette and Houston-based developer PMRG have confirmed that they plan to combine operations. The terms of the merger were not disclosed, but PMRG will become part of the family of companies owned by Capital Guidance, a global investment firm that owns Washington, D.C.-based Madison Marquette. [Read more.]

Asbury Park boardwalk redeveloper Madison Marquette, headquartered in Washington, D.C., are in talks to merge with Houston based PMRG, according to news statements released Thursday.

The real estate development firms, two of the largest in the nation, expect to close a deal in the next 30 days. The merger, being done to expand Madison Marquette’s reach in the south, would result in a combined 600 employees in 12 offices, and an estimated 20 job cuts.

Madison Marquette, a top real estate investment management firm, and PM Realty Group, a powerhouse in property management and landlord representation, are in talks to merge their firms.

The merger will create a new company that blends Madison Marquette’s experience in helping oversee landmark mixed-use projects such as The Wharf in Washington, D.C., and PMRG’s long history of property management and development services. The two companies already have been pitching new business together, touting their combined strengths.

Ultimately, PMRG will be owned by Capital Guidance, an international investment company. Capital Guidance also owns Madison Marquette.

One of the developers behind D.C.’s The Wharf megaproject is merging with a Houston-based real estate company. D.C.-based Madison Marquette is in discussions to merge with PMRG and expects the deal to close in the next 30 days, the companies announced Thursday. The terms of the merger, first reported by CoStar, were not disclosed. The deal would create a commercial real estate giant with major investments in dozens of markets across the country and massive development, leasing and management portfolios. [Read more.]

NEW YORK CITY—Madison Marquette, a commercial real estate investment and operating company, and PMRG, a real estate firm specializing in project leasing, property management, investment management and development services plan to merge. Closing is anticipated in the next 30 days. As two privately held companies, they did not disclose the terms of the transaction. [Read more.]

WASHINGTON, May 24, 2018 /PRNewswire/ — Madison Marquette, one of the nation’s leading privately held commercial real estate investment and operating companies, and PMRG, one of the nation’s premier privately held commercial real estate firms specializing in project leasing, property management, investment management and development services, confirmed today that they are in discussions to merge operations. Closing is anticipated in the next 30 days. [Read more.]